8821 Francia TRL, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $399,074. To generate strong buyer interest while maximizing value, I'd price this between $427,000 and $435,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in PARK RIDGE. The larger floor plan (501 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in PARK RIDGE; a balanced market based on recent absorption. The trend in PARK RIDGE shows prices have fallen 11.4% in the past 6 months. 9241 Vigen CIR, Austin TX 78748 nearby adjusts to $385,530; with a smaller floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group